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Tuesday, 5 May 2026
Ghana’s news, on the hour · Est. 2026
Tuesday, 5 May 2026
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Person

Kojo Oppong Nkrumah

Also known as: Oppong Nkrumah · Mr Oppong Nkrumah · Mr Kojo Oppong Nkrumah · Mr. Oppong Nkrumah · KON · Member of Parliament for Ofoase-Ayirebi · Ranking Member

Kojo Oppong Nkrumah — MP for Ofoase-Ayirebi and Ranking Member on Parliament's Economy and Development Committee, criticised government handling of Bank of Ghana's 2025 financial losses.

Oppong Nkrumah has criticised the Bank of Ghana's financial position following audit findings, calling for urgent recapitalisation and warning that the central bank's 2025 report was improperly handed to the opposition party instead of being submitted through Parliament's established legal process. He has also called out the government for hypocrisy, defending macroeconomic stabilisation arguments it once opposed in opposition.

2026-04-292026-05-05
Politics

BoG 2025 report handling risks politicisation, Oppong Nkrumah warns

The News

Ranking Member Kojo Oppong Nkrumah has criticised the handling of the Bank of Ghana's 2025 audited annual report, saying it was improperly handed to the NDC instead of being presented to Parliament through the established legal process, which would require submission to the finance minister first. He warned that bypassing this procedure sets a dangerous precedent for politicising the central bank.

Why it matters

Oppong Nkrumah warns that improper handling of BoG's 2025 report risks politicizing the central bank and undermining institutional independence.

13 hours ago · Joy Online →

Yesterday

  1. BoG 2025 report handling risks politicisation, Oppong Nkrumah warns

    Ranking Member Kojo Oppong Nkrumah has criticised the handling of the Bank of Ghana's 2025 audited annual report, saying it was improperly handed to the NDC instead of being presented to Parliament through the established legal process, which would require submission to the finance minister first. He warned that bypassing this procedure sets a dangerous precedent for politicising the central bank.

    13 hours ago · Joy Online →

  2. Experts debate Bank of Ghana losses and policy impact

    Experts discussed recent audit findings on Bank of Ghana losses on Joy FM's Super Morning Show, with Joe Jackson defending the central bank's economic interventions, while Kojo Oppong Nkrumah criticised the bank's financial position and called for recapitalisation, and Atta Issah argued the bank's actions aligned with standard global practices.

    20 hours ago · Joy Online →

  3. Oppong Nkrumah calls for BoG recapitalisation, warns against political interference

    Former Minister Kojo Oppong Nkrumah has urged urgent recapitalisation of the Bank of Ghana following audit findings about its financial position, warning that policy decisions influenced by political considerations could undermine the central bank's stability mandate and that asset-sales strategies represent a short-term approach to deeper structural challenges.

    21 hours ago · Joy Online →

  4. Minority says BoG policy worsened losses to GH¢44 billion

    The Minority Caucus in Parliament released an analysis of the Bank of Ghana's 2025 audited financial statements, arguing that bad policy decisions significantly worsened the central bank's financial position, partly contributing to an estimated underlying loss of about GH¢44 billion. Although the BoG officially reported a headline loss of GH¢15.6 billion, the Minority argues this figure understates the true economic cost when additional losses in Other Comprehensive Income and one-off gains from gold sales are adjusted for.

    22 hours ago · The Chronicle →

  5. Minority warns against political interference in Bank of Ghana operations

    The Minority in Parliament has expressed concern over increasing political interference in the Bank of Ghana's affairs, warning that such developments could weaken the institution's independence and public credibility. The concerns follow a press conference held by NDC members, including non-MPs, to discuss the Bank's audited financial statements.

    23 hours ago · Joy Online →

Sunday 3 May

  1. Minority caucus criticizes BoG over financial losses, transparency

    Ghana's parliamentary Minority caucus has attacked the Bank of Ghana over its 2025 audited financial statements, declaring that the central bank's true financial condition has been deliberately obscured and accusing it of facing "policy insolvency." The Minority also criticized the Majority caucus for issuing a pre-release briefing on the anticipated losses, arguing it violated banking law.

    3 May 2026 · Joy Online →

Friday 1 May

  1. BoG GHS15.6bn loss: Oppong criticises government hypocrisy

    Kojo Oppong Nkrumah has criticised the government for abandoning principles it championed in opposition, accusing it of defending the Bank of Ghana's anticipated GHS15.6 billion loss for 2025 using macroeconomic stabilisation arguments similar to those the ruling party rejected when out of power.

    30 April 2026 · Joy Online →

Thursday 30 April

  1. Minority accuses Majority of pre-emptive "propaganda" over BoG losses

    The Minority in Parliament has accused the Majority of attempting to shift public perception ahead of the Bank of Ghana's publication of financial accounts, which are expected to show a net loss of about GH¢15 billion for the 2025 financial year. The Ranking Member on Parliament's Economy and Development Committee argued the Majority's press conference before the official release is intended to hide the real facts from Ghanaians.

    30 April 2026 · Joy Online →

Wednesday 29 April

  1. MP Oppong Nkrumah hands over ninth school block in Ofoase-Ayirebi

    Kojo Oppong Nkrumah, MP for Ofoase-Ayirebi, has commissioned a new school block at Abenase Methodist School, his ninth school facility delivered to the constituency since 2017. The project is part of efforts to replace temporary learning environments with permanent classroom infrastructure.

    29 April 2026 · The Chronicle →

  2. Ofoase-Ayirebi MP delivers ninth school facility in nine years

    Kojo Oppong Nkrumah, MP for Ofoase-Ayirebi, has commissioned a school block at Abenase Methodist School, marking the ninth school facility he has handed over to communities in the constituency since 2017. The MP said the initiative aims to replace makeshift learning environments with permanent classroom infrastructure, and two additional school projects are under construction.

    29 April 2026 · Joy Online →

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